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The South Korea Cold Pressed Juice Market is expected to grow at a CAGR of about 3.1% in the forecast period of 2023-2028. The growing consumer awareness regarding the health benefits of consuming cold-pressed juices and the popularity of online distribution channels are expected to drive the growth of the South Korea Cold Pressed Juice Market during the given forecast period.
There is a huge shift towards healthy products due to the increasing consumer awareness. Especially after the pandemic, consumers are actively adopting the healthy eating habits to boost their immunity. The beverage industry has developed and introduced functional drinks with added nutritional elements and health-promoting effects as a result of lifestyle changes and increasing awareness among health-conscious customers. Additionally, a shift in customer tastes for unprocessed beverages may be seen in the rapidly expanding demand for freshly squeezed, unpasteurized fruit and vegetable juices. As a result, several beverage producers have begun offering freshly squeezed, unpasteurized, cold-pressed juices as they are healthier and can be kept for longer periods than standard centrifugal juices.
Cold pressed juices are low on calories and high in nutrients like vitamins, minerals and antioxidants. Some types of juices lower blood pressure help in weight management reduce the chances of developing cardiovascular diseases and helps in the prevention and management of chronic diseases like cancer.
Customers are now much more inclined towards natural and organic products that are free of synthetic colours, flavouring compounds, preservatives and pesticides which is increasing the demand for cold-pressed juices.
Cold-pressed juices are extracted by crushing the fruits and vegetables via a hydraulic press under a certain cooling temperature to get the maximum amount of juice with a high nutrient value.
By product type, the cold pressed market of South Korea can be segmented into:
By packaging material, South Korea Cold Pressed Juice Market can be divided into:
By distribution, South Korea Cold Pressed Juice Market can be bifurcated into:
Customers who purchase packaged beverages can enjoy a healthy lifestyle without having to spend a lot of time preparing them. The growing trend of people skipping breakfast and their search for a nutritious on-the-go alternative are reasons that are boosting consumer interest in cold-pressed juice. Effective juice packaging draws customers' attention in addition to protecting and preserving the juice. Glass bottles, aluminium cans, paper-plastic composite materials, and paper carton packages are some of the most common types of packaging that are used in the cold-pressed juice packaging industry. With increased awareness regarding recycling and waste management, people are now more inclined towards the glass and paper-based packaging. Such sustainable packaging options attract environmentally conscious people and aid the cold-pressed juice market in South Korea.
Consumers prefer to buy from supermarkets and hypermarkets due to the wide range of product availability. The products’ packaging and health-related information given attract the customers to purchase them. Also, the popularity of online channels is steadily increasing due to doorstep delivery and higher discounts availability while buying from the comfort of their homes. Moreover, a lot of time, energy and fuel is saved which is also contributing to the increased consumption of cold pressed juice in the country.
Increasing consumer demand for healthy products, busy lifestyles, rising disposable incomes, changing dietary habits, and rising standards of living are currently driving the market. The market is also driven by the increased concern about sugar consumption brought on by the rising diabetes and obesity rate. Drinking cold-pressed juice improves cognitive health, protects the body against free radicals, it helps to meet the recommended daily requirements of various nutrients like vitamin A, B, C, K and more. Consuming cold-pressed juice before a workout session gives energy and stamina to achieve fitness goals. These factors make cold-pressed juices a preferred option among fitness enthusiasts and diet-conscious people, thereby proliferating the growth of South Korea Cold Pressed Juice Market.
The report gives a detailed analysis of the following key players in the South Korea Cold Pressed Juice Market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
|Scope of the Report||
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|Breakup by Category||
|Breakup by Product Type||
|Breakup by Distribution Channels||
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Industry Opportunities and Challenges
8 South Korea Cold Pressed Juice Market Analysis
8.1 Key Industry Highlights
8.2 South Korea Cold Pressed Juice Historical Market (2018-2022)
8.3 South Korea Cold Pressed Juice Market Forecast (2023-2028)
8.4 South Korea Cold Pressed Juice Market by Category
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2018-2022)
22.214.171.124 Forecast Trend (2023-2028)
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2018-2022)
184.108.40.206 Forecast Trend (2023-2028)
8.5 South Korea Cold Pressed Juice Market by Product Type
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2018-2022)
22.214.171.124 Forecast Trend (2023-2028)
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2018-2022)
184.108.40.206 Forecast Trend (2023-2028)
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2018-2022)
22.214.171.124 Forecast Trend (2023-2028)
8.6 South Korea Cold Pressed Juice Market by Distribution Channels
8.6.1 Hypermarkets and Supermarkets
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2018-2022)
184.108.40.206 Forecast Trend (2023-2028)
8.6.2 Convenience Stores
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2018-2022)
22.214.171.124 Forecast Trend (2023-2028)
8.6.3 Online Stores
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2018-2022)
184.108.40.206 Forecast Trend (2023-2028)
9 Market Dynamics
9.1 SWOT Analysis
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Value Chain Analysis
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Integrity Group Co., Ltd (Mercy Juice)
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
11.2.2 Next Kitchen Co., Ltd. (Colin’s Green)
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
11.2.3 Organica Co.Ltd
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
11.2.4 Suja Life, LLC
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
12 Industry Events and Developments
List of Figures and Tables
1. South Korea Cold Pressed Juice Market: Key Industry Highlights, 2018 and 2028
2. South Korea Cold Pressed Juice Historical Market: Breakup by Category (USD Million), 2018-2022
3. South Korea Cold Pressed Juice Market Forecast: Breakup by Category (USD Million), 2023-2028
4. South Korea Cold Pressed Juice Historical Market: Breakup by Product Type (USD Million), 2018-2022
5. South Korea Cold Pressed Juice Market Forecast: Breakup by Product Type (USD Million), 2023-2028
6. South Korea Cold Pressed Juice Historical Market: Breakup by Distribution Channels (USD Million), 2018-2022
7. South Korea Cold Pressed Juice Market Forecast: Breakup by Distribution Channels (USD Million), 2023-2028
8. South Korea Cold Pressed Juice Historical Market: Breakup by Province (USD Million), 2018-2022
9. South Korea Cold Pressed Juice Market Forecast: Breakup by Province (USD Million), 2023-2028
10. South Korea Cold Pressed Juice Market Structure
The market is projected to grow at a CAGR of 3.1% between 2023 and 2028.
Health benefits offered by the product, constant product development, and rising inclination towards organic products are some of the major industry drivers.
The popularity of ready-to-drink juices, hectic lifestyle, increased disposable income, improved and attractive packaging, and improved lifestyle are the key industry trends.
Fruits, vegetables, and blends are the dominant types of cold-pressed juice in the industry.
The distribution channels in the market include hypermarkets and supermarkets, convenience stores, and online stores, among others.
The major players in the industry are Integrity Group Co., Ltd (Mercy Juice), Next Kitchen Co., Ltd. (Colin’s Green), Organica Co.Ltd, and Suja Life, LLC, among others.
The South Korea cold pressed juice market is being driven by the rising prevalence of health concerns and the busy lifestyles of the South Korean population. Aided by the increased disposable incomes and popularity of ready-to-drink cold-pressed juices, the market is expected to grow at a CAGR of 3.1% in the forecast period of 2023-2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its categories, the cold-pressed juice industry can be segmented into organic and conventional. On the basis of product types, the market can be divided into fruits, vegetables, and blends. The distribution channels include hypermarkets and supermarkets, convenience stores, and online stores, among others. The key players in the above market include Integrity Group Co., Ltd (Mercy Juice), Next Kitchen Co., Ltd. (Colin’s Green), Organica Co.Ltd, and Suja Life, LLC, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate and actionable and help them remain ahead of their competition.
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